EUR/USD climbed today as the dollar staged a
Final Markit manufacturing PMI fell from 52.7 in May to 52.0 in June. The actual reading was very close to the preliminary reading and the analysts’ estimate of 52.1. (Event A on the chart.)
ISM manufacturing PMI climbed from 54.9% in May to 57.8% in June, while experts had predicted it to stay basically unchanged. (Event B on the chart.)
Construction spending showed no change in May from April, whereas specialists had promised the indicator to increase by 0.3%. The previous month’s change was revised from -1.4% to -0.7%. (Event B on the chart.)
If you have any comments on the recent EUR/USD action, please reply using the form below.